Fresh vegetables priced at $0.76 in 1947 $14.47 in 2022

Fresh Vegetables Inflation Calculator

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Prices for Fresh Vegetables, 1947-2022 ($0.76)

According to the U.S. Bureau of Labor Statistics, prices for fresh vegetables are 1,803.68% higher in 2022 versus 1947 (a $13.71 difference in value).

The current national average price is $0.76 for "Carrots, short trimmed and topped, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 1947 and 2022: Fresh vegetables experienced an average inflation rate of 4.01% per year. This rate of change indicates significant inflation. In other words, fresh vegetables costing $0.76 in the year 1947 would cost $14.47 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.46% during this same period, inflation for fresh vegetables was higher.

Price Inflation for Fresh vegetables since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1973 (21.67%), 1952 (19.88%), and 1981 (17.99%).

Price history

The average price for Fresh vegetables is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Carrots, short trimmed and topped, per lb. (453.6 gm):

Year Average price (Fresh vegetables) Inflation adjusted price (2022 dollars)
2014 $0.76 $0.76
2013 $0.75 $0.74
2012 $0.76 $0.78
2011 $0.76 $0.74
2010 $0.79 $0.82
2009 $0.79 $0.84
2008 $0.79 $0.81
2007 $0.77 $0.83
2006 $0.56 $0.62
2005 $0.56 $0.65
2004 $0.56 $0.68
2003 $0.56 $0.71
2002 $0.56 $0.72
2001 $0.56 $0.77
2000 $0.56 $0.81
1999 $0.56 $0.85
1998 $0.56 $0.82
1997 $0.51 $0.83
1996 $0.51 $0.86
1995 $0.53 $0.87
1994 $0.44 $0.81
1993 $0.43 $0.81
1992 $0.47 $0.93
1991 $0.45 $0.92
1990 $0.39 $0.81
1989 $0.40 $0.88
1988 $0.38 $0.93
1987 $0.36 $0.93
1986 $0.38 $1.12
1985 $0.36 $1.11
1984 $0.39 $1.15
1983 $0.37 $1.19
1982 $0.36 $1.20
1981 $0.37 $1.23
1980 $0.33 $1.32

View price changes for other categories
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Buying power of $0.76 since 1947

Below are calculations of equivalent buying power for Fresh vegetables, over time, for $0.76 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1947 $0.76 -
1948 $0.83 8.77%
1949 $0.82 -0.36%
1950 $0.79 -4.65%
1951 $0.90 15.07%
1952 $1.08 19.88%
1953 $0.94 -13.38%
1954 $0.89 -4.62%
1955 $0.95 5.96%
1956 $1.03 8.65%
1957 $1.00 -2.52%
1958 $1.06 5.68%
1959 $1.05 -0.85%
1960 $1.08 2.85%
1961 $1.02 -5.57%
1962 $1.07 5.02%
1963 $1.09 1.18%
1964 $1.23 13.11%
1965 $1.31 6.73%
1966 $1.32 0.31%
1967 $1.31 -0.74%
1968 $1.39 6.59%
1969 $1.47 5.73%
1970 $1.58 7.07%
1971 $1.62 2.69%
1972 $1.72 6.45%
1973 $2.09 21.67%
1974 $2.24 7.07%
1975 $2.23 -0.54%
1976 $2.33 4.39%
1977 $2.61 12.08%
1978 $2.82 8.12%
1979 $2.91 3.00%
1980 $3.18 9.37%
1981 $3.75 17.99%
1982 $3.76 0.16%
1983 $3.92 4.25%
1984 $4.32 10.31%
1985 $4.13 -4.31%
1986 $4.31 4.27%
1987 $4.87 12.93%
1988 $5.17 6.21%
1989 $5.73 10.86%
1990 $6.03 5.29%
1991 $6.17 2.28%
1992 $6.32 2.37%
1993 $6.74 6.65%
1994 $6.90 2.33%
1995 $7.72 11.93%
1996 $7.56 -2.06%
1997 $7.78 2.92%
1998 $8.63 10.89%
1999 $8.37 -2.96%
2000 $8.78 4.85%
2001 $9.23 5.08%
2002 $9.81 6.37%
2003 $10.02 2.11%
2004 $10.44 4.22%
2005 $10.87 4.09%
2006 $11.38 4.64%
2007 $11.74 3.21%
2008 $12.40 5.62%
2009 $11.97 -3.44%
2010 $12.22 2.04%
2011 $12.90 5.56%
2012 $12.24 -5.11%
2013 $12.82 4.73%
2014 $12.65 -1.28%
2015 $12.85 1.59%
2016 $12.86 0.02%
2017 $12.84 -0.09%
2018 $12.99 1.11%
2019 $13.48 3.81%
2020 $13.83 2.59%
2021 $13.99 1.14%
2022 $14.47 3.42%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh vegetables:

Year 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
CPI 19.000 20.667 20.592 19.633 22.592 27.083 23.458 22.375 23.708 25.758 25.108 26.533 26.308 27.058 25.550 26.833 27.150 30.708 32.775 32.875 32.633 34.783 36.775 39.375 40.433 43.042 52.367 56.067 55.767 58.217 65.250 70.550 72.667 79.475 93.775 93.925 97.917 108.017 103.358 107.767 121.700 129.258 143.292 150.875 154.308 157.967 168.475 172.408 192.975 189.000 194.525 215.708 209.317 219.475 230.633 245.333 250.517 261.092 271.783 284.383 293.515 310.006 299.350 305.460 322.436 305.956 320.425 316.337 321.355 321.419 321.118 324.682 337.063 345.794 349.735 361.699

Adjust fresh vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1947 * 1947 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Fresh vegetables was 19.000 in the year 1947 and 361.699 in 2022:

361.699 / 19.000 * $0.76 = $14.47

Therefore, according to U.S. Bureau of Labor Statistics, $0.76 in 1947 has the same "purchasing power" as $14.47 in 2022 (in the CPI category of Fresh vegetables).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fresh vegetables in 1947. In addition to fresh vegetables, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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